Christmas: It's Costlier Than You Think

Do you have a spare $34,559? That's what it would cost you this year to buy the whole 12 days of Christmas, from 12 drummers drumming to a partridge in a pear tree, according to the folks at PNC, who maintain the "Total Christmas Price Index," updating it annually.

Most of us are probably not going to buy all those lords a-leaping and gold rings, but we are going to buy gifts for loved ones -- and incur other holiday-related expenses, too. That's going to be a costly undertaking for most of us, too. The average American consumer expects to spend about $709 on Christmas this year, per LendEDU. Even worse, many will go into debt for all their purchases.

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Source: Fool.com